LAVELCO
ActiveLAVELCO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €3k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 26% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+48
Solvency34▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.28 in 2023; short-term debt: 82% and cash: 2.1% of total assets), and 91.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.6%
Return on assets
0.5%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €51k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
36 d late
2022
31 d late
2021
24 d late
2020
31 d late
2019
132 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k▲ 6.3%
2023 · €48k
2018: €44k
2019: €47k
2020: €37k
2021: €24k
2022: €41k
2023: €48k
2018 → 2024
Total assets
€594k▲ 71.2%
2023 · €347k
2018: €103k
2019: €509k
2020: €293k
2021: €268k
2022: €386k
2023: €347k
2018 → 2024
Net result
€3k▼ 58.2%
2023 · €7k
2018: €9k
2019: €16k
2020: €-10k
2021: €-13k
2022: €17k
2023: €7k
2018 → 2024
Working capital
€74k▲ 10.0%
2023 · €67k
2018: €27k
2019: €33k
2020: €39k
2021: €35k
2022: €58k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€24k▼ 36.0%€41k▲ 69.9%€48k▲ 17.7%€51k▲ 6.3%
Operating result€-6k-€-12k▼ 90.9%€16k€-11k€6k
Net result€-10k-€-13k▼ 34.0%€17k€7k▼ 57.1%€3k▼ 58.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6k after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €594k
Fixed assets
€33k▼ 9.9%
Current assets
€561k▲ 81.0%
Equity and liabilities €594k
Equity
€51k▲ 6.3%
Debt
€543k▲ 81.6%
The debt ratio rises from 86.2% to 91.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2023 · €-6k
Cash flow
€9k▼
2023 · €13k
Solvency
8.6%▼
2023 · 13.8%
Current ratio
1.15▼
2023 · 1.28
Quick ratio
0.84▲
2023 · 0.83
Debt / equity
10.69▲
2023 · 6.25
ROE
5.9%▼
2023 · 15.0%
ROA
0.5%▼
2023 · 2.1%
Interest coverage
9.88▲
2023 · -2.39
Debt
€543k▲
2023 · €299k
Debt ≤ 1 year
€487k▲
2023 · €243k
Debt > 1 year
€56k=
2023 · €56k
Income taxes
€2k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€347k€594k▲
Fixed assets21/28€37k€33k▼
Tangible fixed assets22/27€27k€24k▼
Plant, machinery and equipment23€4k€5k▲
Other tangible fixed assets26€23k€19k▼
Financial fixed assets28€10k€10k=
Current assets29/58€310k€561k▲
Stocks and contracts in progress3€109k€152k▲
Stocks30/36€109k€152k▲
Amounts receivable within one year40/41€163k€385k▲
Trade receivables40€163k€382k▲
Other amounts receivable41€490€3k▲
Cash at bank and in hand54/58€33k€12k▼
Deferred charges and accrued income490/1€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€347k€594k▲
Equity10/15€48k€51k▲
Contributions10/11€37k€37k=
Reserves13€11k€14k▲
Non-distributable reserves130/1€465-
Reserves not available under the articles1311€465-
Distributable reserves133€11k€14k▲
Amounts payable17/49€299k€543k▲
Amounts payable after more than one year17€56k€56k=
Other amounts payable178/9€56k€56k=
Amounts payable within one year42/48€243k€487k▲
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€128k€340k▲
Suppliers440/4€128k€340k▲
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€31k€40k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€29k€37k▲
Other amounts payable47/48€85k€98k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k-
Other operating charges640/8€2k€3k▲
Gross operating margin9900€13k€15k▲
Operating profit (loss)9901€-11k€6k▲
Financial income75/76B€26k€242▼
Recurring financial income75€1k€242▼
Non-recurring financial income76B€25k-
Financial charges65/66B€6k€1k▼
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B€4k-
Profit (loss) for the period before taxes9903€8k€5k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€7k€3k▼
Profit (loss) for the period to be appropriated9905€7k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€360€3k▲
Profit (loss) brought forward from the previous period14P€-7k-
Transfer from equity791/2-€465
Transfer to equity691/2€360€3k▲
To other reserves6921€360€3k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 132 days late
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 139 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kielsbroek 42020 AntwerpenGround area
9.7 ha
Building footprint
1.3 ha
Volume, LiDAR
28,480 m³
Parcel 11809I2651/00V000, Flanders · tallest building 10.7 m. Linked by address, not a title deed.
1 establishment unit
LAVELCO
since 20172.260.861.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2651/00V000 | Flanders | 9.7 ha | 1 · 1.3 ha | 10.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
't Rozentuiltje
BE 0435.071.625
Lebbeke · Eq €51k
TLC Sugars
BE 0548.723.654
Brugge · Eq €49k
BOUDART et Cie
BE 0424.936.313
Merbes-le-Château · Eq €54k
CHOCOLADE NATIE ANTWERPEN
BE 0471.644.385
Brecht · Eq €47k
ASYA FOOD
BE 0798.876.558
Lebbeke · Eq €56k
Of 452 companies in sector 46360 we hold annual accounts for 286. 169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2016
Fiscal year end31-12
Activities, NACEBEL
46360Wholesale trade
46392Non-specialised wholesale
47210Retail sale of fruit and vegetables
47242Retail sale of chocolate and confectionery
47810Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.